LTCUSD long entry is pending. I assume a corrective downward movement in the exchange rate. You can see that the LTCUSD chart is fractal copying. The pale, thin blue rectangles indicate the vertical shift of the wave sequences. My assumption is that the rise will continue. Currently, I am expecting an adjustment up to 61.943usd. The target price at the end of the...
Did LTC break a huge monthly resistance this month? Will we break up and hold above the 21 EMA? I'm still looking for the monthly to converge and print a few dark green before I go full on bull mode. but as of now, if we can put in more upward momentum for the next month, and close above the monthly 21 EMA, I would not be surprised if LTC ran until the end of...
Greetings. Please leave a Like if you like the idea
Price broke upward of ascending channel and fixed above it.
Currently the price is supported by a trenline and we can expect the resistance will be tested again.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future...
Hello guys, please hit the LIKE button to support this work
the price was rejected by strong resistance which means the price return to previous strong support. we can take a short position if price lose current support level
Please support my work by following the Trading View profile
Always do your own research before you trade my ideas!
Price is forming a bullish flag continuation pattern and has broken out of previous highs and pulled back creating a Doji candle at our moving averages an also a bullish engulfing candle on lower time frames.
I hope i've got everyone attention now because what i am about to share with all of you is from the upmost importance.
This came directly from a source who became a close friend of mine when we realised we where both
attenting the same Dogshool for more then six months.
His black dobermann pincher (MiniDobermann) had ears almost as big as 2/3th of its own...
I'm estimating the White Energy may reach the 50% level when we get to the 6-Day Candle that begins on February 12, 2020. However, I'm anticipating a BRIEF consolidation event to occur DURING that 6-Day Candle. It does not have to begin on February 12th. That 6-Day candle covers a period from February 12 to February 17, 2020. So, somewhere during that time...
LTC is in a consolidating triangle after a decent break out. Now it's a waiting game. It is at a fibs line so if it breaks that line I'm sure it will fall back down to stronger support. If it holds the fibs line, we can look for another great buy opportunity.
What do you think? Like, comment, and follow!
As everyone can see breakout of Cup&Handle formation on chart.
Factors in favour of bulls
1. It is above 21MA.
2. RSI is overbought side or can say it is showing buying strength of the breakout.
3. MACD crossover.
4. Strong vol at breakout.
5. 50MA is above 200MA.
Target should be around $60.
Initial SL at handle’s low.
Revise your SL if market favour...
Greetings. Please leave a Like if you like the idea
Price made a breakout of Ascending Channel, but is not able to fixes above higher border. It can be a signal to short.
However there is an uncertanty in the market now and you should be ready to switch in a Long if price Fixes above higher border of the Ascending Channel.
Leaving a "like" costs nothing and...
Based to previous top and bottom current trajectory of LTCUSD is illustrated. On the weekly chart the image was not coming out clearly. I took the 21 weekly MA multiplied by 7 and switched to daily chart. Though calculated MA won't be exact the image is much more clear.
Movement in a small flat, if we fix above 66.41, then we can go to 67.
If I break through the level of 66.41, then most likely it will be broken and, when consolidated below the level, we will go to 61.34.
